European natural gas prices are on track for a fourth consecutive weekly increase, with the Dutch TTF benchmark hovering around 71.50 euros per megawatt-hour. Despite a recent 3% pullback, the contract shows a significant 30% rise over the past month. The ongoing conflict in the Middle East, particularly involving Iran, remains the primary driver of these price movements. Market participants are also anticipating further increases in crude oil prices, with prediction markets suggesting potential all-time highs by year-end.
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